Multiple Choice Questions on SHWAS and AROG are the two new loan products launched by which institution amid the fight against CO........... for SBI(PO) Exam Preparation

Indian Economy

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Indian Economy - Understanding the basics of Indian economic system

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    SHWAS and AROG are the two new loan products launched by which institution amid the fight against COVID-19 ?

    SIDBI

    Correct Answer

    RBI

    Incorrect Answer

    SEBI

    Incorrect Answer

    NABARD

    Incorrect Answer
    Explanation:
    • The Small Industries Development Bank of India (SIDBI), has launched two loan products for MSMEs to help them with required financial support in fight against the COVID-19 pandemic.
    • The two new loan products are
    1. SHWAS – SIDBI assistance to Healthcare sector in War Against Second wave of COVID19.
    2. AROG – SIDBI Assistance to MSMEs for Recovery & Organic Growth during COVID19 pandemic.

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